Start learning 50% faster. Sign in now
Companies Act Section 54. Issue of sweat equity shares: (1) Notwithstanding anything contained in section 53, a company may issue sweat equity shares of a class of shares already issued, if the following conditions are fulfilled, namely:— (a) the issue is authorised by a special resolution passed by the company; (b) the resolution specifies the number of shares, the current market price, consideration, if any, and the class or classes of directors or employees to whom such equity shares are to be issued; (d) where the equity shares of the company are listed on a recognised stock exchange , the sweat equity shares are issued in accordance with the regulations made by the Securities and Exchange Board in this behalf and if they are not so listed, the sweat equity shares are issued in accordance with such rules as may be prescribed.
______ and Genpact have launched Be.Seen — a program to help scale businesses owned by minority and under-represented groups in India with an aim to...
Which organizations participated in the Joint Flood Relief 'Exercise Jal Rahat' conducted by the Gajraj Corps of the Indian Army?
What growth rate did India's defence production achieve in FY24?
Kathmandu has been identified as the most polluted city in the world. What percentage has air pollution reduced the average life expectancy in Kathmandu?
Which ministry provides a separate administrative, legal and policy framework for strengthening the cooperative movement in the country?
Dr Manik shah has taken oath as the new Chief Minister of which of the following states?
What percentage of an employee's basic salary is contributed to the EPF by the employee?
Which city in India has become the first to adopt the localisation of the United Nations-mandated sustainable development goals (SDG)?
What criteria must urban co-operative banks meet to be considered for inclusion in the second schedule of the RBI Act, 1934?
Who has been confirmed as the President of the World Bank from June 2023?